Product
Our product will be based on T-shirt. As we all know, T-shirt fashion are great protection from the sun and is useful for all wears, but the main reason is being fashion. T-shirt is usually button-less, collar-less, and pockets-less, with a round neck and short sleeves. T-shirt has wide varieties, but our company will be focusing on T-shirt that was ready made and T-shirt for customization. T-shirt is usually button-less, collar-less, and pocket-less, with a round neck and short sleeves
First of all, T-shirt that was ready made will be. . .
Undershirts, it is meant to be in 50% polyester 50% cotton material and used for wearing on the inside and another shirt or blazer over it.
Short Sleeves T-Shirt, material will also be cotton and it is meant to be for wearing comfort in a climate like Singapore which is hot.
Long Sleeves T-Shirt, material will be cotton and it is meant for comfort in wearing due to its material and it helps prevents cold, suitable for cold, rainy days in Singapore.
Sleeveless T-shirt, material will be polyester and it is for hot climate and it can be used as sports outfit
Cardigan, material will be acrylic, cotton and it seems to be popular among youths nowadays and it will be hot-seller among our target market.
Secondly, T-shirt for customization. . .
Undershirts, material will be 50% cotton and 50% polyester. Undershirt is normally worn on the inside with a blazer or a jacket to wear over. Customers are allowed to customize it on the front of the T-shirt where the design will be able to display.
Short Sleeves T-Shirt, material will also be cotton and this type of T-shirt is common and likely to be seen often. Despite of that, we are allowing customers to add on designs unto it and make it looks unique according to their preference. Of course they can have the ready made with design on it.
Long Sleeves T-Shirt, material will be cotton and this type of T-shirt are considered the least in which people would want to customize on it but nevertheless, we are still going to provide the service.
Sleeveless T-shirt, material will be polyester. Sleeveless T-shirt can be used as a form of sports outfit, which is why we allowed customization on it as it will looks good and certainly it looks unique.
Design
Our product’s design will be based on horoscopes, animals, meaningful wordings, eye catching wordings and etc. We choose to based our design on these is because that youths nowadays will buy things that matches their horoscope, and people surely like animals, and there are also a wide range of animals designed for them to choose for. Also meaningful wordings can be interesting and it may spread the message around to people, just by wearing it and go for shopping. Eye catching wordings may not look nice or sound nice but still it meet the purpose of catching people’s attention. Our product is designed to catch attention of people and improve product performance. Lastly, this would give us a strong advantage over our competitors.
Quality
Our product’s quality are guaranteed and also the overall of our product in terms of durability, reliability are better than our competitors as our product though are produce in Singapore, but our material for producing are imports from countries like Australian, New Zealand and etc. Though its imports were expensive and were from well-known country for its material for T-shirt, it will not affect our pricing made. We also got professionals to do the quality-check on the imports before manufacturing our product.
Features
Our product’s features will be that it is available for customization and that our product was of higher quality as compared to normal T-shirts the other printing company offered. We also have a many type of T-shirt that we allowed for customization and price is cheaper whereas our competitors does not have it yet.
Branding
Our product will have a brand that is based on horoscopes design or symbol. It allows our company to be easily distinguishes from our competitors and customers will be easier to identify and recognize our product.
Packaging
We will have our own design packaging like a paper bag rather than plastic bag. As paper bag is recyclable and biodegradable compared to plastic bag. Also our paper bag will be durable for customers to carry the T-shirt. This paper bag concept is also to spread the message of less usage of plastic bag and be more environmental friendly.
Price
In order to set the right pricing, we have consider certain objectives to make sure that our company will benefits, objectives such as, survival, product quality leadership, current profit maximization and etc.
In terms of survival, our company set a bottom line for our pricing for our product will be $12 and also to make sure we will earn yet set a price which the customer feel satisfy, we set the highest pricing for our product also, which is $25. Which is to say, our profit earning from selling one T-shirt, we gain a profit of $2 - $15.
Undershirts are priced $12- $15, it is such high price due to its good quality and uniqueness; because it is our first type of undershirt and we are the only seller.
Short-Sleeves T-shirts are priced at a standard price of $16. It is because this is the main selling point of our product and it is the most common product which customer would demand.
Long-Sleeves T-shirts are priced $18-$20. It is considered to be a difficult product to sell off at this price due to the hot climate in Singapore, but as to conquer that problem, we made special demand to our supplier to make the material thinner as to fit Singapore’s climate therefore, price will be slightly higher, which will be from $20-$25.
Sleeveless T-shirts are priced $14-$16. It is made to the point that we are creating this product into more towards a sports wear. So it will be a hot selling product.
Cardigans are priced at only $20. It is going to be fixed and this is the limited selling product, a season’s product, available only from our company.
Promotion
Promotion is one very important concept our company need to apply. As it will be our most important factor to get in contact with our market.
Our Promotion Package:
Limited Cardigan with horoscope T-shirt
5% discount for every 3 T-shirt purchase and 10% for every 5. (Only on specific DAY)
20% discount for the 100th , 150th , 200th customer.